Executive/Council Action Form (ECAF)
ITEM TITLE:
Title
Motion 24-332, approving and authorizing the County Executive to sign the agreement between Earth Finance, Inc and Snohomish County
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DEPARTMENT: Executive
ORIGINATOR: Simreet Dhaliwal-Gill
EXECUTIVE RECOMMENDATION: Approved (A. Boungjaktha 8/9/24)
PURPOSE: Authorize and approve the County Executive to sign the agreement between Earth Finance, Inc. and Snohomish County.
BACKGROUND: Snohomish County is interested in establishing a world-leading Sustainable Aviation Fuels (SAF) Center at Paine Field. In 2023, the plan received a crucial $6.5 million appropriation from the Washington State Legislature. This SAF Center will have a significant impact on the climate economy locally and worldwide and could create widespread investment and jobs in the region. The County has been working to provide regular briefings to key national and international stakeholders across public, private, and nonprofit sectors. As part of this effort, the Contractor shall lead the development and implementation of a business plan through targeted and strategic engagement. The Contractor shall develop a business model, lead outreach and feasibility missions, and conduct other tasks as related to the project’s success.
FISCAL IMPLICATIONS:
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EXPEND: FUND, AGY, ORG, ACTY, OBJ, AU |
CURRENT YR |
2ND YR |
1ST 6 YRS |
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130 577211054101 |
$822,983.00 |
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TOTAL |
$822,983.00 |
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REVENUE: FUND, AGY, ORG, REV, SOURCE |
CURRENT YR |
2ND YR |
1ST 6 YRS |
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TOTAL |
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DEPARTMENT FISCAL IMPACT NOTES: Click or tap here to enter text.
CONTRACT INFORMATION:
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ORIGINAL |
x |
CONTRACT# |
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AMOUNT |
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AMENDMENT |
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CONTRACT# |
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AMOUNT |
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Contract Period
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ORIGINAL |
START |
Upon Execution |
END |
06-30-2025 |
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AMENDMENT |
START |
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END |
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OTHER DEPARTMENTAL REVIEW/COMMENTS: Approved as to form by DPA Rebecca Wendling. Reviewed/approved by Sheila Barker 8/9/24 (Risk Management) and Nathan Kennedy 8/9/24 (Finance).